Hussain Ali Sajwani is an Arabian merchant and founder of DAMAC Properties. He is also a philanthropist and has ties with the president of the U.S., Donald Trump. Sajawani is married and has four children. The Hussain Sajwani family has a net worth of over $3.8 billion.
Sajwani’s educational background and role at DAMAC Properties
Sajwani studied Bachelor of Science in economics and engineering at the eminent University of Washington. He graduated in 1981 and began working at GASCO as the senior officer responsible for contracts management. A year later, he launched his business, a catering company that has since grown into the largest food businesses in Asia. Read more: Meet Our Board | DAMAC Properties
This company provides food to educational institutions, army camps, construction camp sites, and onshore/offshore locations. Sajwani launched DAMAC Properties, which is currently the most successful real estate business in the Middle East. His knowledge in the field of sales, marketing, finance, and management is the reason why this company has succeeded. Learn more about DAMAC owner: https://communityportal.loams.ae/ and http://www.damac.com/terms-of-use/
DAMAC Properties has various properties in Amman, Abu Dhabi, Jeddah, London, and Dubai. This company has more than 2000 employees and is a publicly traded company with stocks at the Dubai Financial Market. Since it was formed, DAMAC Properties has worked on and delivered more than 17,900 properties. This company prides itself of its broad portfolio that has more than 44,000 properties in various stages of development. DAMAC Properties has also merged with some other popular lifestyle brands, including Versace and Fendi, to assemble new properties.
Sajwani’s other business ventures
Damac Properties also works with the Trump Organization, and together they have successfully constructed the Tiger Woods golf course. The Damac owner has other businesses, including the DICO Investments, which deals with asset management and works in collaboration with regional banks and companies.
He also owns the Al Amana Building Materials, a company that supplies materials and its headquarters is in Oman. Sajwani’s other businesses include Al Jazeira Services and the Al Anwar Ceramic Tiles Co. He supports and funds other charitable campaigns, such as “Dress One Million Needy Children Project.”
In 2013, he donated $2million to help vulnerable children in the society. He also loves empowering the youth as well as giving talks about entrepreneurship. Sajwani is a fan of following emerging trends in design and architecture.